Diversified Equity Strategic Allocation, 3rd Qtr 2025  Ticker: FEAVHX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing in a portfolio of common stocks diversified across various market capitalizations, growth and value styles, sectors and countries. The stocks are selected by applying a disciplined investment strategy which adheres to pre-determined screens and factors.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: DE3Q25
Portfolio Status: Primary
Initial Offer Date: 07/09/2025
Portfolio Ending Date: 10/15/2026
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.1508
POP(*): $10.2912
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 08/29/2025 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges. The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 8/29/2025) Per Unit (as of 8/29/2025)
1.42% $0.14580
^ There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 4.32%
Consumer Discretionary  Consumer Discretionary 14.80%
Consumer Staples  Consumer Staples 9.36%
Energy  Energy 10.12%
Financials  Financials 14.52%
Health Care  Health Care 12.32%
Industrials  Industrials 18.89%
Information Technology  Information Technology 5.83%
Materials  Materials 7.27%
Real Estate  Real Estate 1.41%
Utilities  Utilities 0.98%
Other  Other 0.18%
 
  Large Mid Small  
Growth  27.05% 10.09% 5.07%  
Value  43.03% 9.80% 4.78%  

 Style Weighting
Large-Cap Growth 27.05%
Large-Cap Value 43.03%
Mid-Cap Growth 10.09%
Mid-Cap Value 9.80%
Small-Cap Growth 5.07%
Small-Cap Value 4.78%
Undetermined 0.18%
 Composition
U.S. Stocks 80.00%   Other 0.18%
Non-U.S. Stocks 19.82%      
The style and sector characteristics of the portfolio are determined as of 08/29/2025 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $120,169
Price/Earnings 16.33
Price/Book 2.47
As of 8/29/2025
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Newmont Corporation NEM Materials  Materials Large-Cap Value 1.05%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.05%
 Alphabet Inc. (Class A) GOOGL Communication Services  Communication Services Large-Cap Growth 1.00%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 0.97%
 Baker Hughes Company (Class A) BKR Energy  Energy Large-Cap Value 0.92%
 Robinhood Markets, Inc. (Class A) HOOD Financials  Financials Large-Cap Growth 0.92%
 Altria Group, Inc. MO Consumer Staples  Consumer Staples Large-Cap Value 0.91%
 Ross Stores, Inc. ROST Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.91%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.91%
 Amphenol Corporation APH Information Technology  Information Technology Large-Cap Growth 0.90%
 The TJX Companies, Inc. TJX Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.89%
 General Dynamics Corporation GD Industrials  Industrials Large-Cap Value 0.89%
 Tractor Supply Company TSCO Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.88%
 Monolithic Power Systems, Inc. MPWR Information Technology  Information Technology Large-Cap Growth 0.88%
 The Hartford Insurance Group, Inc. HIG Financials  Financials Large-Cap Value 0.87%
 Regeneron Pharmaceuticals, Inc. REGN Health Care  Health Care Large-Cap Value 0.87%
 ResMed Inc. RMD Health Care  Health Care Large-Cap Growth 0.87%
 Xylem Inc. XYL Industrials  Industrials Large-Cap Value 0.87%
 The Travelers Companies, Inc. TRV Financials  Financials Large-Cap Value 0.86%
 Edwards Lifesciences Corporation EW Health Care  Health Care Large-Cap Value 0.86%
 The Kraft Heinz Company KHC Consumer Staples  Consumer Staples Large-Cap Value 0.86%
 Sysco Corporation SYY Consumer Staples  Consumer Staples Large-Cap Growth 0.85%
 Berkshire Hathaway Inc. (Class B) BRK/B Financials  Financials Large-Cap Value 0.85%
 Chevron Corporation CVX Energy  Energy Large-Cap Value 0.85%
 ConocoPhillips COP Energy  Energy Large-Cap Value 0.84%
 Boston Scientific Corporation BSX Health Care  Health Care Large-Cap Growth 0.83%
 Ecolab Inc. ECL Materials  Materials Large-Cap Growth 0.83%
 AMETEK, Inc. AME Industrials  Industrials Large-Cap Value 0.83%
 Diamondback Energy, Inc. FANG Energy  Energy Large-Cap Value 0.83%
 VICI Properties Inc. VICI Real Estate  Real Estate Large-Cap Value 0.83%
 PACCAR Inc PCAR Industrials  Industrials Large-Cap Value 0.82%
 Waste Management, Inc. WM Industrials  Industrials Large-Cap Growth 0.82%
 EOG Resources, Inc. EOG Energy  Energy Large-Cap Value 0.82%
 M&T Bank Corporation MTB Financials  Financials Large-Cap Value 0.82%
 Gilead Sciences, Inc. GILD Health Care  Health Care Large-Cap Growth 0.82%
 Monster Beverage Corporation MNST Consumer Staples  Consumer Staples Large-Cap Growth 0.82%
 Exxon Mobil Corporation XOM Energy  Energy Large-Cap Value 0.81%
 Walmart Inc. WMT Consumer Staples  Consumer Staples Large-Cap Growth 0.81%
 Visa Inc. (Class A) V Financials  Financials Large-Cap Growth 0.81%
 Abbott Laboratories ABT Health Care  Health Care Large-Cap Value 0.80%
 Automatic Data Processing, Inc. ADP Industrials  Industrials Large-Cap Growth 0.80%
 The Procter & Gamble Company PG Consumer Staples  Consumer Staples Large-Cap Growth 0.80%
 Cencora Inc. COR Health Care  Health Care Large-Cap Growth 0.80%
 The Walt Disney Company DIS Communication Services  Communication Services Large-Cap Value 0.79%
 Cintas Corporation CTAS Industrials  Industrials Large-Cap Growth 0.78%
 Paychex, Inc. PAYX Industrials  Industrials Large-Cap Growth 0.78%
 Marsh & McLennan Companies, Inc. MMC Financials  Financials Large-Cap Growth 0.78%
 CME Group Inc. CME Financials  Financials Large-Cap Value 0.78%
 Mizuho Financial Group, Inc. (ADR) MFG Financials  Financials Large-Cap Value 0.78%
 Howmet Aerospace Inc. HWM Industrials  Industrials Large-Cap Growth 0.78%
 Uber Technologies, Inc. UBER Industrials  Industrials Large-Cap Growth 0.78%
 Micron Technology, Inc. MU Information Technology  Information Technology Large-Cap Value 0.77%
 McKesson Corporation MCK Health Care  Health Care Large-Cap Value 0.77%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 0.76%
 Southern Copper Corporation SCCO Materials  Materials Large-Cap Growth 0.76%
 Toyota Motor Corporation TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.74%
 Banco Bilbao Vizcaya Argentaria, S.A. (ADR) BBVA Financials  Financials Large-Cap Value 0.74%
 BHP Group Limited (ADR) BHP Materials  Materials Large-Cap Value 0.73%
 Cardinal Health, Inc. CAH Health Care  Health Care Large-Cap Value 0.73%
 Wabtec Corporation WAB Industrials  Industrials Large-Cap Value 0.73%
 Elevance Health Inc. ELV Health Care  Health Care Large-Cap Value 0.73%
 PDD Holdings Inc. (ADR) PDD Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.73%
 UniCredit SpA (ADR) UNCRY Financials  Financials Large-Cap Value 0.73%
 Cognizant Technology Solutions Corporation CTSH Information Technology  Information Technology Large-Cap Value 0.72%
 DBS Group Holdings Ltd. (ADR) DBSDY Financials  Financials Large-Cap Value 0.71%
 Prosus N.V. (ADR) PROSY Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.71%
 Tokio Marine Holdings, Inc. (ADR) TKOMY Financials  Financials Large-Cap Value 0.70%
 Itochu Corp. (ADR) ITOCY Industrials  Industrials Large-Cap Value 0.70%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 0.69%
 L'Oreal S.A. (ADR) LRLCY Consumer Staples  Consumer Staples Large-Cap Growth 0.68%
 KDDI Corporation (ADR) KDDIY Communication Services  Communication Services Large-Cap Value 0.67%
 Shell Plc (ADR) SHEL Energy  Energy Large-Cap Value 0.67%
 TotalEnergies SE (ADR) TTE Energy  Energy Large-Cap Value 0.66%
 Sanofi (ADR) SNY Health Care  Health Care Large-Cap Value 0.66%
 Air Liquide S.A. (ADR) AIQUY Materials  Materials Large-Cap Value 0.65%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 0.64%
 NTT, Inc. (ADR) NTTYY Communication Services  Communication Services Large-Cap Value 0.64%
 Enel SpA (ADR) ENLAY Utilities  Utilities Large-Cap Value 0.64%
 Eaton Corporation Plc ETN Industrials  Industrials Large-Cap Growth 0.63%
 Chubb Limited CB Financials  Financials Large-Cap Value 0.63%
 Industria de Diseno Textil, S.A. (ADR) IDEXY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.63%
 Hitachi, Ltd. (ADR) HTHIY Industrials  Industrials Large-Cap Value 0.62%
 Chipotle Mexican Grill, Inc. CMG Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.61%
 Fast Retailing Co., Ltd. (ADR) FRCOY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 0.61%
 Vinci S.A. (ADR) VCISY Industrials  Industrials Large-Cap Value 0.60%
 Chugai Pharmaceutical Co., Ltd. (ADR) CHGCY Health Care  Health Care Large-Cap Growth 0.60%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Large-Cap Value 0.59%
 Fortinet, Inc. FTNT Information Technology  Information Technology Large-Cap Growth 0.59%
 Rheinmetall AG (ADR) RNMBY Industrials  Industrials Large-Cap Growth 0.57%
 Tokyo Electron Limited (ADR) TOELY Information Technology  Information Technology Large-Cap Growth 0.47%
 PulteGroup, Inc. PHM Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.39%
 Lennar Corporation LEN Consumer Discretionary  Consumer Discretionary Large-Cap Value 0.39%
 EMCOR Group, Inc. EME Industrials  Industrials Mid-Cap Growth 0.39%
 InterDigital, Inc. IDCC Information Technology  Information Technology Mid-Cap Growth 0.39%
 IES Holdings, Inc. IESC Industrials  Industrials Mid-Cap Growth 0.39%
 Stride, Inc. LRN Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.39%
 TopBuild Corp. BLD Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.39%
 Toll Brothers, Inc. TOL Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.38%
 First Solar, Inc. FSLR Information Technology  Information Technology Mid-Cap Value 0.38%
 The Ensign Group, Inc. ENSG Health Care  Health Care Mid-Cap Growth 0.38%
 Globe Life Inc. GL Financials  Financials Mid-Cap Value 0.37%
 Oshkosh Corporation OSK Industrials  Industrials Mid-Cap Value 0.36%
 NewMarket Corporation NEU Materials  Materials Mid-Cap Growth 0.36%
 Leidos Holdings, Inc. LDOS Industrials  Industrials Mid-Cap Growth 0.36%
 Taylor Morrison Home Corporation TMHC Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.35%
 Fox Corporation (Class A) FOXA Communication Services  Communication Services Mid-Cap Value 0.35%
 Valmont Industries, Inc. VMI Industrials  Industrials Mid-Cap Growth 0.34%
 The New York Times Company (Class A) NYT Communication Services  Communication Services Mid-Cap Growth 0.34%
 Coca-Cola Consolidated, Inc. COKE Consumer Staples  Consumer Staples Mid-Cap Growth 0.34%
 United Therapeutics Corporation UTHR Health Care  Health Care Mid-Cap Value 0.34%
 Lear Corporation LEA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.34%
 Ulta Beauty, Inc. ULTA Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.34%
 Encompass Health Corporation EHC Health Care  Health Care Mid-Cap Growth 0.33%
 MGIC Investment Corporation MTG Financials  Financials Mid-Cap Value 0.33%
 Devon Energy Corporation DVN Energy  Energy Mid-Cap Value 0.33%
 Expeditors International of Washington, Inc. EXPD Industrials  Industrials Mid-Cap Growth 0.33%
 F5 Inc. FFIV Information Technology  Information Technology Mid-Cap Growth 0.33%
 Molson Coors Beverage Company TAP Consumer Staples  Consumer Staples Mid-Cap Value 0.33%
 Erie Indemnity Company ERIE Financials  Financials Mid-Cap Growth 0.33%
 Bank OZK OZK Financials  Financials Mid-Cap Value 0.33%
 Pinterest, Inc. (Class A) PINS Communication Services  Communication Services Mid-Cap Growth 0.33%
 Chewy, Inc. (Class A) CHWY Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.33%
 Ovintiv Inc. OVV Energy  Energy Mid-Cap Value 0.33%
 Chord Energy Corporation CHRD Energy  Energy Mid-Cap Value 0.33%
 Enact Holdings, Inc. ACT Financials  Financials Mid-Cap Value 0.33%
 Snap-on Incorporated SNA Industrials  Industrials Mid-Cap Value 0.32%
 Biogen Inc. BIIB Health Care  Health Care Mid-Cap Value 0.32%
 US Foods Holding Corp. USFD Consumer Staples  Consumer Staples Mid-Cap Growth 0.32%
 Permian Resources Corp. PR Energy  Energy Mid-Cap Value 0.32%
 Casey's General Stores, Inc. CASY Consumer Staples  Consumer Staples Mid-Cap Growth 0.31%
 Urban Outfitters, Inc. URBN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.31%
 SEI Investments Company SEIC Financials  Financials Mid-Cap Growth 0.31%
 Ingredion Incorporated INGR Consumer Staples  Consumer Staples Mid-Cap Value 0.31%
 Coterra Energy Inc. CTRA Energy  Energy Mid-Cap Value 0.31%
 Carlisle Companies Incorporated CSL Industrials  Industrials Mid-Cap Growth 0.31%
 Matador Resources Company MTDR Energy  Energy Mid-Cap Value 0.31%
 Crown Holdings, Inc. CCK Materials  Materials Mid-Cap Growth 0.30%
 Texas Roadhouse, Inc. TXRH Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.30%
 Centene Corporation CNC Health Care  Health Care Mid-Cap Value 0.29%
 CF Industries Holdings, Inc. CF Materials  Materials Mid-Cap Value 0.29%
 The Mosaic Company MOS Materials  Materials Mid-Cap Value 0.29%
 Sprouts Farmers Market, Inc. SFM Consumer Staples  Consumer Staples Mid-Cap Growth 0.29%
 BJ's Wholesale Club Holdings, Inc. BJ Consumer Staples  Consumer Staples Mid-Cap Growth 0.29%
 AptarGroup, Inc. ATR Materials  Materials Mid-Cap Growth 0.28%
 Carpenter Technology Corporation CRS Materials  Materials Mid-Cap Growth 0.28%
 Unum Group UNM Financials  Financials Mid-Cap Value 0.28%
 Exelixis, Inc. EXEL Health Care  Health Care Mid-Cap Growth 0.28%
 Kirby Corporation KEX Industrials  Industrials Mid-Cap Value 0.27%
 Fluor Corporation FLR Industrials  Industrials Mid-Cap Value 0.26%
 Kyndryl Holdings, Inc. KD Information Technology  Information Technology Mid-Cap Growth 0.24%
 Compass, Inc. (Class A) COMP Real Estate  Real Estate Small-Cap Growth 0.23%
 M/I Homes, Inc. MHO Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.21%
 Dorman Products, Inc. DORM Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.21%
 Alpha Metallurgical Resources, Inc. AMR Materials  Materials Small-Cap Value 0.21%
 TEGNA Inc. TGNA Communication Services  Communication Services Small-Cap Value 0.20%
 Graham Holdings Company GHC Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.20%
 Powell Industries, Inc. POWL Industrials  Industrials Small-Cap Growth 0.20%
 ACADIA Pharmaceuticals Inc. ACAD Health Care  Health Care Small-Cap Growth 0.20%
 Peabody Energy Corporation BTU Energy  Energy Small-Cap Value 0.20%
 Warrior Met Coal, Inc. HCC Materials  Materials Small-Cap Value 0.20%
 Tootsie Roll Industries, Inc. TR Consumer Staples  Consumer Staples Small-Cap Growth 0.19%
 KB Home KBH Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.19%
 Grand Canyon Education, Inc. LOPE Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 0.19%
 OPENLANE Inc. KAR Industrials  Industrials Small-Cap Growth 0.19%
 Visteon Corporation VC Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.19%
 Premier, Inc. (Class A) PINC Health Care  Health Care Small-Cap Value 0.19%
 Brady Corporation BRC Industrials  Industrials Small-Cap Growth 0.18%
 Rayonier Inc. RYN Real Estate  Real Estate Small-Cap Growth 0.18%
 Adtalem Global Education Inc. ATGE Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.18%
 Meritage Homes Corporation MTH Consumer Discretionary  Consumer Discretionary Mid-Cap Value 0.18%
 Argan, Inc. AGX Industrials  Industrials Small-Cap Growth 0.18%
 Hawkins, Inc. HWKN Materials  Materials Small-Cap Growth 0.18%
 Tri Pointe Homes, Inc. TPH Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.18%
 Laureate Education, Inc. (Class A) LAUR Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.18%
 Talos Energy Inc. TALO Energy  Energy Small-Cap Value 0.18%
 Otter Tail Corporation OTTR Utilities  Utilities Small-Cap Growth 0.17%
 The Marzetti Company MZTI Consumer Staples  Consumer Staples Small-Cap Growth 0.17%
 UniFirst Corporation UNF Industrials  Industrials Small-Cap Value 0.17%
 New Jersey Resources Corporation NJR Utilities  Utilities Small-Cap Growth 0.17%
 Cabot Corporation CBT Materials  Materials Small-Cap Growth 0.17%
 PriceSmart, Inc. PSMT Consumer Staples  Consumer Staples Small-Cap Growth 0.17%
 Hub Group, Inc. HUBG Industrials  Industrials Small-Cap Value 0.17%
 Rush Enterprises, Inc. (Class A) RUSHA Industrials  Industrials Small-Cap Growth 0.17%
 McGrath RentCorp MGRC Industrials  Industrials Small-Cap Growth 0.17%
 StoneX Group Inc. SNEX Financials  Financials Mid-Cap Value 0.17%
 PTC Therapeutics, Inc. PTCT Health Care  Health Care Small-Cap Value 0.17%
 Agios Pharmaceuticals, Inc. AGIO Health Care  Health Care Small-Cap Growth 0.17%
 Apple Hospitality REIT, Inc. APLE Real Estate  Real Estate Small-Cap Value 0.17%
 Core Natural Resources Inc. CNR Energy  Energy Small-Cap Value 0.17%
 1st Source Corporation SRCE Financials  Financials Small-Cap Value 0.16%
 Radian Group Inc. RDN Financials  Financials Small-Cap Value 0.16%
 NOV Inc. NOV Energy  Energy Small-Cap Value 0.16%
 S&T Bancorp, Inc. STBA Financials  Financials Small-Cap Value 0.16%
 Avnet, Inc. AVT Information Technology  Information Technology Small-Cap Value 0.16%
 Strategic Education, Inc. STRA Consumer Discretionary  Consumer Discretionary Small-Cap Value 0.16%
 Gibraltar Industries, Inc. ROCK Industrials  Industrials Small-Cap Growth 0.16%
 International Bancshares Corporation IBOC Financials  Financials Small-Cap Value 0.16%
 ADMA Biologics, Inc. ADMA Health Care  Health Care Small-Cap Growth 0.16%
 Oscar Health, Inc. (Class A) OSCR Financials  Financials Small-Cap Growth 0.16%
 Murphy Oil Corporation MUR Energy  Energy Small-Cap Value 0.15%
 Sonic Automotive, Inc. SAH Consumer Discretionary  Consumer Discretionary Small-Cap Growth 0.15%
 Option Care Health, Inc. OPCH Health Care  Health Care Small-Cap Growth 0.15%
 National Beverage Corp. FIZZ Consumer Staples  Consumer Staples Small-Cap Growth 0.15%
 NMI Holdings, Inc. (Class A) NMIH Financials  Financials Small-Cap Value 0.15%
 Cactus, Inc. (Class A) WHD Energy  Energy Small-Cap Growth 0.15%
 ArcBest Corporation ARCB Industrials  Industrials Small-Cap Value 0.14%
 Liberty Energy Inc. (Class A) LBRT Energy  Energy Small-Cap Value 0.14%
 Palomar Holdings, Inc. PLMR Financials  Financials Small-Cap Growth 0.14%
 Concentrix Corporation CNXC Industrials  Industrials Small-Cap Value 0.14%
 The Greenbrier Companies, Inc. GBX Industrials  Industrials Small-Cap Value 0.13%
 
Total Number of Holdings:    210
Underlying Securities information represented above is as of 08/29/2025 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.05%
  Deferred:  1.31%
C&D Fee:    0.49%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30341N120 Cash Semi-Annual
30341N138 Reinvest Semi-Annual
* Based on the offer price as of 08/29/2025 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.49%
Maximum Sales Charge:   0.49%
CUSIP Type Distribution
30341N146 Cash-Fee Semi-Annual
30341N153 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 08/29/2025 4:00pm ET
In addition to the sales charges listed, UITs for both brokerage and advisory accounts are subject to annual operating expenses and organization costs. See the prospectus for additional information.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 20, 2025
$0.04500 November 20, 2025
$0.04500 December 19, 2025

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

Public Health Crisis Risk. A public health crisis, and the ensuing policies enacted by governments and central banks in response, could cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

Volatility Risk. The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cybersecurity.

The style and capitalization characteristics used to describe the stocks are designed to help you understand how they fit into your overall investment plan. Due to changes in the value of the stocks the characteristics may vary over time. In general, growth stocks have high relative price-to-book ratios while value stocks have low relative price-to-book ratios. In determining market capitalization characteristics, we analyze the market capitalizations of the 3,000 largest stocks in the U.S. (excluding foreign securities, ADRs, limited partnerships and regulated investment companies) on a monthly basis. Companies with market capitalizations among the largest 10% are considered Large-Cap securities, the next 20% are considered Mid-Cap securities and the remaining securities are considered Small-Cap securities.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial professional or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2025 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.